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Jan 1, 2013 5:00am PST
talk about last night when we saw vice-president joseph biden on capitol hill and many knew that was a signal that negotiators had finally struck a deal. vice-president joseph biden and senate republican leader mitch mcconnel called it a closer's deal and the two men were central to working this out. when vice-president joseph biden was there, he briefed fellow democrats and legs laying was drafted and individuals making more than deck -- legislation was drafted and families making more than $450,000 a year will see their taxes go up and while those automatic spending cuts are deferred until the beginning of march, it will provide savings. half will come from spending cuts and if you look at this full bill, it is bipartisan. final senate vote, 89-88, back to you. >>> and doctors say they expect secretary of state hillary rodham clinton to make a full recover after suffering a blood cloth. between the skull and behind her right ear, clinton is making excellent progress and is in good spirit. >>> a senate report found that the white house did not make major changes in the talking points
Dec 31, 2012 5:00am PST
mitch mcconnell is negotiating with vice president joe biden. if political leaders can not come up with a plan by midnight tonight tax rates for all americans will increase. >> if there is an ultimate compromise, there will be parts of it i find disgusting and rep hencable which i may have to swallow in the name of finding a compromise. >> reporter: how will this effect you come tomorrow morning? if there is not a deal reach there won't be a drastic change in your next paychecks. if this plays out long-term the average american middle class family stands to lose out on $2,000 to $3,000 over the next year due to the increased taxes. live in washington kyla campbell ktvu channel 2 news. >>> 5:14 meanwhile with all the focus on the fiscal cliff a new bill to prevent the so-called dairy cliff is sitting on the back burner. leaders agreed to a one-year extension of the expiring u.s. farm bill. so far there is no house vote scheduled without passage of the bill milk prices could double next month. estimates are a gallon of milk could go up to $8 a gallon. >>> u.s. senate report on the at
Search Results 0 to 1 of about 2